Strait of Hormuz: Key Global Energy Chokepoint
The Strait of Hormuz, a narrow maritime passage, is essential for global oil supply. Recent disruptions due to conflict in Iran have caused oil price spikes, highlighting its strategic importance.
The Strait of Hormuz, a narrow maritime passage, is essential for global oil supply. Recent disruptions due to conflict in Iran have caused oil price spikes, highlighting its strategic importance.
The busy College and Bay Sts. intersection in Toronto is closed until mid-April for sewer, track, and wiring upgrades, with a pause for the FIFA World Cup before completion in December.
An energy analyst warns that escalating tensions in the Middle East could significantly drive up gasoline prices across the Greater Toronto Area, creating uncertainty for consumers.
The Société de l'assurance automobile du Québec has permanently closed its Place Vertu service centre in Montreal, citing operational changes and shifting service demands.
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RecommendedCanadian travel to the United States dropped 7.9% in January 2026, marking a full year of declines since President Trump's second term began, with tariffs and political tensions cited as factors.
A woman was seriously injured and transported to hospital after becoming trapped under an OC Transpo bus in Ottawa. First responders worked to free her at the scene of the collision.
Paramount Skydance Corp. announces merger of Paramount+ and HBO Max into one platform following $110 billion acquisition of Warner Bros. Discovery, aiming to compete with Netflix.
Ontario Provincial Police have charged three drivers on Highway 416 for failing to move over for an emergency vehicle, highlighting the importance of road safety laws.
A community garden in Montreal's Chinatown provides seniors and youth with a green space for exercise, cultural connection, and growing fresh produce, fostering intergenerational bonds.
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RecommendedT&T Supermarket, a prominent Asian grocery chain, is making its debut in Quebec with a strong commitment to meeting French language requirements, as CEO Tina Lee discusses the strategic hiring of translators.
During Asian Heritage Month, Montreal is spotlighting diverse businesses owned by Asian-Canadians, celebrating their contributions to the city's economy and cultural fabric.
Montreal's Asian Heritage Month is driving significant growth for local businesses, with entrepreneurs reporting increased sales and community engagement as cultural events flourish across the city.
During Asian Heritage Month, Montreal entrepreneurs share how their cultural roots shape successful businesses, from restaurants to retail, fostering community and economic growth.
The Ontario government has unveiled an ambitious plan to fast-track the construction of all-season roads to the Ring of Fire mineral-rich region, aiming for completion five years earlier than initially projected.
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RecommendedDeputy Governor Sharon Kozicki explains how supply-side shocks like trade tensions and AI are complicating inflation control, potentially requiring rate hikes even during economic weakness.
Simon Fraser University researchers reveal LNG projects fail to deliver promised economic benefits for British Columbia, with exaggerated job numbers and questionable environmental claims.
Two major Montreal bridges will experience road closures this week due to ongoing construction projects, with the Papineau-Leblanc Bridge facing a two-year overhaul. Commuters should prepare for significant traffic disruptions.
Premier Doug Ford announces accelerated timeline for critical infrastructure in northern Ontario's mineral-rich Ring of Fire region, with all-weather roads now projected for completion by 2031.
A section of Highway 101 near Falmouth, Nova Scotia, has reopened following a serious crash involving a tractor trailer that occurred on Sunday morning, March 2, 2026.
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RecommendedThe intensifying conflict in the Middle East, involving attacks on Arab states and U.S. bases, is disrupting oil supply chains and pushing crude and fuel costs upward globally.
Vincent Delisle, head of liquid markets at Caisse de Depot, argues market anxiety about private credit is exaggerated despite recent industry challenges. The pension fund plans significant expansion in this asset class.
The Prospectors and Developers Association of Canada conference in Toronto highlights the growing importance of critical minerals for global supply chains and economic strategies.
Discovery Silver Corp, led by CEO Tony Makuck, has completed the acquisition of Glencore Canada's Kidd mining operations in the Timmins area of Ontario.
Atlantic Canada faces worsening energy isolation as pipeline access contracts expire and Quebec separatism resurges, threatening regional growth and national energy sovereignty.
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RecommendedSaskatchewan-based Cameco Corporation has signed a major long-term uranium supply agreement with the Government of India, valued at $2.6 billion, as announced by Premier Scott Moe.
Blue-collar workers in Kirkland, Quebec, will stage a two-day strike to demand better working conditions and wages, while ensuring essential services remain operational during the protest.
Escalating hostilities in the Middle East have triggered a sharp rise in oil prices and a decline in U.S. stock markets, intensifying concerns about persistent high inflation and global economic stability.
A new report argues Canada's healthcare system should prioritize domestic tech innovators like HygenX Ai, whose operating room robot has found success abroad but struggles at home.
A severe collision has led to the closure of a section of Highway 44 in Edmonton, with authorities investigating the incident. The crash highlights ongoing traffic safety concerns in the region.
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RecommendedFormer Goldman Sachs CEO Lloyd Blankfein cautions that complacency has grown since 2008, urging the finance industry to prepare for another potential crisis through aggressive contingency planning.